The Fitzgerald Company maintains a checking account at the Bank of the North. The bank provides a bank statement along with canceled checks on the last day of each month. The October 31, 2018, bank statement included the following information:

Balance, October 1, 2018	$	32,740
Deposits		88,500
Checks processed		(77,700	)
Service charges		(400	)
NSF checks		(1,650	)
Monthly loan payment deducted
directly by bank from account
(includes $450 in interest)		(3,950	)
Balance, October 31, 2018	$	37,540

The companys general ledger cash (checking) account had a balance of $42,639 at the end of October. Deposits outstanding totaled $4,274, and all checks written by the company were processed by the bank except for those totaling $5,670. In addition, a check for $550 for the purchase of office furniture was incorrectly recorded by the company as a $55 disbursement. The bank correctly processed the check during October. Required: 1. Prepare a bank reconciliation for the month of October. 2. Prepare the necessary journal entries at the end of October to adjust the general ledger cash account.

Prepare the necessary journal entries at the end of October to adjust the general ledger cash account. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Required 1 Required 2 Prepare a bank reconciliation for the month of October. Fitzgerald Company's Bank Reconciliation Balance per bank statement Add: Deduct: Corrected cash balance Balance per books Deduct: Corrected cash balance Journal entry worksheet Record the correction of error in cash disbursement. Note: Enter debits before credits. Transaction General Journal Debit Credit Journal entry worksheet Record the credits to cash revealed by the bank reconciliation. Note: Enter debits before credits. Transaction Credit General Journal Debit 2 2